While the White House refuses to say that the United States is in a recession, a significant majority of Americans say that the country is in a recession or something even worse, according to a new poll.
A recent Suffolk University/USA TODAY poll of 1,000 registered U.S. voters conducted between July 22 and July 25, 2022, asked participants if the U.S. economy is in an economic recovery, stagnation, recession, or depression.
Over 50% of respondents said the U.S. is in a recession, plus nearly 16% who declared that the country is suffering through a depression. There was an additional 18% who felt the nation was experiencing stagnation. Only 9% felt the U.S. was in an economic recovery.
The Biden administration has been lampooned for attempting to change the traditional definition of recession – which is widely accepted as two consecutive quarters of decline in a country’s Gross Domestic Product (GDP). Even left-leaning CNN mocked the Biden administration for attempting to change the definition of a recession.
Brian Deese – director of the National Economic Council –had his old definition of recession come back to haunt him this week as he tried to protect the Biden administration. (Read more from “Poll: 66% Of Americans Say the Country Is in a Recession or Even Worse, Majority Want a Third Political Party” HERE)
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